Business news from Ukraine

Ukraine exported 50 mln tons of cargo through sea corridor

31 May , 2024  

Since August 2023, the sea corridor created by the Ukrainian Navy has exported 50 million tons of cargo, according to Yuriy Vaskov, former Deputy Minister of Community Development, Territories and Infrastructure (Ministry of Reconstruction).

“According to my information, exports via the grain corridor have already reached 50 million tons,” Vaskov said at the Grain Ukraine-2024 conference on Thursday.

The Ministry of Economic Development and Trade reported that from August to May 10, 45 million tons of cargo were exported to 44 countries through the grain corridor.

Last Tuesday, the head of the Ukrainian Sea Ports Authority (USPA), Yuriy Lytvyn, said that the results of the Ukrainian “grain corridor” were almost one and a half times higher than those of the Black Sea Grain Initiative. According to him, the rate of grain cargo transportation over eight months is already 10% higher than the results of the grain initiative for the year.

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